Cheap Homes for Rent in the Alameda Neighborhood of Tempe, AZ from $600 (64 Rentals)

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Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.

property at 712 W Manhatton Dr
$600 - $2,800

Total Monthly Price

Base Rent$600 - $2,800

Total Monthly Price$600 - $2,800
1 To 4 Bedroom Homes for Rent
Available Now
Affordability

712 W Manhatton Dr

TempeAZ85282
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property at 1345 E Orange St
$725

Total Monthly Price

Base Rent$725

Total Monthly Price$725
5 Bedroom, 3 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1345 E Orange St

TempeAZ85281
property at 328 E Dunbar Dr
$725

Total Monthly Price

Base Rent$725

Total Monthly Price$725
6 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

328 E Dunbar Dr

TempeAZ85282
property at 3300 S Terrace Rd
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
6 Bedroom, 3 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3300 S Terrace Rd

TempeAZ85282
property at 505 W Howe St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
5 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

505 W Howe St

TempeAZ85281
property at 407 W Howe St
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

407 W Howe St

TempeAZ85281
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Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

property at 1409 S Mill Ave
$900 - $1,250

Total Monthly Price

Base Rent$900 - $1,250

Total Monthly Price$900 - $1,250
Studio To 2 Bedroom Condos for Rent
Available Oct 1
Affordability

1409 S Mill Ave

TempeAZ85281
property at 907 E Broadmor Dr
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

907 E Broadmor Dr, Unit Room #1 Twin

907 E Broadmor Dr
TempeAZ85282
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Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 925 S Longmore
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

925 S Longmore, Unit 105

925 S Longmore
MesaAZ85202
property at 731 W University Dr
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
2 Bedroom, 1 Bath Home for Rent
Available Nov 1
Affordability
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 503 W 12th St
$1,475
2 Bedroom, 1 Bath Home for Rent
Available Now

503 W 12th St

TempeAZ85281

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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Alameda, Tempe, AZ Local Guide

Cheapest Available Alameda Homes for Rent

 

The cheapest available rental home in the Alameda area of Tempe, AZ is a 1 Bed home found at 1939 E Concorda Dr priced from $750. 1630 E 12th St has the second lowest priced home, which is a 1 Bed rental home currently listed from $850. Here are the most affordable Alameda homes for rent in Tempe, AZ:

Home ListingModel NameBed/BathPriced From
1939 E Concorda Dr1939 E Concorda Dr1BR, 1BA$750
1630 E 12th St1630 E 12th St1BR, 1BA$850
1630 E 12th St1630 E 12th St1BR, 1BA$850

Best Value Homes for Rent in Alameda, AZ

As of September 17, 2026 the best value rental home in the Alameda area is the $1.01 price per square foot 2157 E Alameda Dr Model at 2157 E Alameda Dr in the South Phoenix neighborhood starting from $3,295. The second greatest value Alameda rental home is the 213 E Carson Cir Model at 213 E Carson Cir in the South Phoenix neighborhood starting at $2,725 with a $0.95 price per square foot. Here is today’s list of the best values for Alameda homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
2157 E Alameda Dr2157 E Alameda Dr3BR, 3BA$1.01
213 E Carson Cir213 E Carson Cir4BR, 2BA$0.95
3300 S Terrace Rd3300 S Terrace Rd6BR, 3BA$0.32
238 E Ellis Dr238 E Ellis Dr4BR, 2.5BA$1.10
1111 W University Dr1111 W University Dr3BR, 2.5BA$1.17
505 W Howe St505 W Howe St5BR, 2BA$0.35
1345 E Orange St1345 E Orange St5BR, 3BA$0.35
328 E Dunbar Dr328 E Dunbar Dr6BR, 2BA$0.42
420 E Tulane Dr420 E Tulane Dr3BR, 2BA$1.15
700 W University Dr, Unit 125700 W University Dr2BR, 1BA$1.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Alameda, Tempe, AZ

Ranked #1

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Alameda

What type of rentals are currently available in Alameda?

There are currently 452 Apartments for Rent in Alameda, AZ with pricing that ranges from $650 to $13,500. There are also 290 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $600 to $7,500.

What is the current price range for Rental Homes in Alameda?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $600 to $7,500 with an average monthly rent of $2,408.

How much are larger Three and Four Bedroom Rentals in Alameda?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $775 to $10,066, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $650.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.